Kenya is Open for Business and Investment Opportunities

Kenya is one of Africa’s major economic hubs with a continued focus on the pursuit of pro-business policies and incentives, demonstrating that the country is the investment destination of choice. This has contributed to the country being a leading investment hub across East Africa and the continent. In recent times there have been numerous challenges which have led most African countries including Kenya, to be faced with a huge debt burden, with the rate of debt also being a cause of concern to the general public and international financial institutions such as the World Bank and the International Monetary Fund. However, in these difficult times, Kenya has continued to show economic resilience, and this has been one of the major factors in attracting investment into the country and growing regional dominance.

 

 

President Ruto Announces the Introduction of Various Tax Legislative Changes

The American Chamber of Commerce Business Summit was held on 29 and 30 March 2023 in Nairobi. The objective of the Business Summit was to provide a strategic platform for strengthening two-way trade and investment between the US and East Africa though unleashing the power of private enterprises in driving long-term economic ties, enhancing trade, and promoting investment.

Elevating Client Experience

Real estate and construction lawyer Nicole Gichuhi recently spoke to Craig Sisterson about the impact of COVID-19 on the real estate industry, the use of technology in client service, and joining the ALN Kenya partnership.

ALN firms Recognised at the DealMakers Africa Awards

ALN member firms ADNA (ALN Côte d’Ivoire, ALN Guinea and ALN Morocco), ALN Kenya, ALN Madagascar, ALN Mauritius, ALN Rwanda, ALN Tanzania, ALN Uganda and ALN Zambia, were recognised for their work on the Sanlam Allianz Joint Venture, which received the 2022 Special Recognition Award at the annual DealMakers Africa Awards. DealMakers Africa described the transaction as one that reshapes the African insurance industry. Additionally, ALN Nigeria received the West Africa Deal of the Year award for their work on Access Holdings’ acquisition of a majority stake in First Guarantee Pension and an indirect equity stake in Sigma Pensions and their subsequent merger.

Building Business Friendships

Forensics, risk and compliance expert Jeremy Muyela recently spoke to Craig Sisterson about building relationships and dealing with risk in an evolving world.

While technical expertise and delivering quality work are vital, building strong relationships with clients and colleagues is critical for professionals looking to have a successful career in our modern world, says new ALN Kenya Director Jeremy Muyela.

2023 Employment Law Year in Review Series | Kenya

ELA Global Employment Law Year in Review series is classically the Employment Law Alliance’s most popular series of the year, focusing on the most impactful regulations of 2022 and forecasting what employers can expect in the current year. ALN Kenya Partner Sonal Sejpal spoke to Nuno Gouveia Partner at Miranda Alliance on the reflections focusing on the most impactful regulations in the employment market in Kenya.

 

Quality, Integrity and Principles

Private wealth expert and “rising leader” Devvrat Periwal recently spoke to Craig Sisterson about joining the ALN partnership and living the firm’s values.

ALN Kenya Congratulates Globeleq on their Appointment of Toyota Tsusho as the EPC Contractor for the Menengai Geothermal Power Project

ALN Kenya is delighted with the achievement of this critical milestone for the Menengai project. This follows the achievement of another critical milestone in December last year with the conclusion of finance agreements between the Project Company and the African Development Bank, the Eastern and Southern African Trade & Development Bank and the Finnish fund for Industrial Cooperation. ALN Kenyan has proudly represented the Project Company for many years as sole counsel on this unique project (including in relation to the finance mentioned above, construction and service agreements) and looks forward to the achievement of an even more critical milestone in the coming months – financial close!